Post by
goldstd69 on Jan 31, 2021 7:22pm
what I want to know is where reddit gets it money
I just dont see a bunch of indivdual investors agreeing online and making it work where it lasts...I wonder at some point in order to hold their expensive long positions that they will either have to sell or they will have to go to the credit markets and borrow?? any ideas? this is all weird crazy unexpected unreal and I just wonder where and how it all ends....be careful out there with your money and investing...certainly a good topic for a college econ class...jmho dyodd
Comment by
martindale on Jan 31, 2021 8:22pm
i applaud what you are trying to say.. to make any of this work it needs to be held out of the system, ie not in dollars.. not in purchase/sell commissions to profit banks/brokerages, the stimulus money/profits/savings need to leave the system... then the banks/big money hold worthless dollars. Yes a pipe dream but..........GLTA
Comment by
martindale on Jan 31, 2021 8:15pm
[/quote) What money?the not backed fiat currency that we only just invented? Or the old money that was invented not all that long ago? The only real money is that which has value..tulips anyone? The banks control all “ CASH”... the gov only prints it into the system.. think about it... GLTA